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Tuesday, October 20, 2009

$123 Million proposed on PASS ID Act

A new Congressional Budget Office Report is available: "CBO estimates that implementing S. 1261 would increase discretionary costs by $123 million over the 2010-2014 period, assuming appropriation of the necessary amounts. We estimate that enacting the bill would increase direct spending by $4 million over both the 2010-2014 and 2010-2019 periods. Enacting S. 1261 would have no significant effect on revenues."